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1. A university is starting a new college of engineering, has extensive funding, and wants to use com- petitive benchmarking. What U.S. universities might be useful as objects of the competitive benchmarking effort?
2. As a machine produces steel rods, accumulated deposits and mechanical wear cause the rod diameters to increase gradually over time. What type of control chart should be used in determining when the process has gone out of control? Why?
3. In producing bulk rolls of paper for sale to newspapers, a firm wishes to control the quality of the paper by keeping track of how many discolored spots or other flaws are present in continuous strips of a given length. What type of control chart should be usedand why?
What information does each measure of central tendency provide? Why are measures of variability essential statistical tools for describing behavior?
in 1965 about 44 of the us popuation had never smoked a cigarette. a nation survey of 1205 us adults during 2006
at a certain university 25 of students support the green party. suppose we take samples of size 100 students and are
Given CAPM as the benchmark, is either of the two managers over-performing the market? What if you use the Sharpe Ratio as benchmark? Explain the answer carefully.
for each of the following scenarios indicate which type of statistical error could have been made and where additional
explain how do you declare a variable as binary or integer in excel solver?1.briefly explain the results of a what-if
a small company has 10 employees that receive a monthly paycheck and you calculate the mean and standard deviation for
1) What is the variable expense ratio? 2) What is break-even point in unit sales? 3) What is the contribution margin ratio? 4) What is the break-even point in dollars?
Then, label the one that is the claim being made. An employment agency claims that the mean starting salary for actuary assistants is at least $55,000.
Let a success (x) be defined as a camera functioning. Find the probability that the robbery was filmed at least by one camera.
a website manager has noticed that during the evening hours about 3 people per minute check out from their shopping
If she were to order 80 pounds of pepperoni at a time, what would be the total daily costs, including the cost of the pepperoni?
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